The Government is already ruling out changes from the Review of the Retirement Income System, including on superannuation and the Age Pension. Late last week the Government released the Terms of Reference for the Review of Retirement Income, the first holistic review of the retirement system since compulsory superannuation. But… Read More »Government ruling out changes from Review of Retirement Income System
Review of Retirement Income System
The Government has announced a Review of the Retirement Income System – including the Age Pension, compulsory superannuation and voluntary savings – to report by June 2020.
The Government has announced the foreshadowed Review of the Retirement Income System, which is to report by June 2020. Treasurer Josh Frydenberg said the Government was “continuing to ensure Australians are well-supported during their retirement” by starting an independent review of the retirement income system. The review is set to… Read More »Review of Retirement Income System announced
The Actuaries Institute has released a ‘Green Paper’ of potential reforms to the retirement systems, at a time when the Government is working on a review of retirement incomes. In the Green Paper – Options for an Improved and Integrated System of Retirement – the Institute argues now is the… Read More »Now is the time to review retirement systems, while able to make changes
Written by Michelle Grattan, University of Canberra. Soon after the election Treasurer Frydenberg flagged there would be an inquiry into retirement incomes. Since then, no details have emerged. But there is gossip around Canberra there might be some action in the next couple of weeks on a review that would… Read More »Grattan on Friday: How ‘guaranteed’ is a rise in the superannuation guarantee?
Treasurer Josh Frydenberg intends to set up a review of the retirement incomes system. The Treasurer told the Australian Financial Review that he would consult with the Cabinet and Treasury to implement the recommendation of the Productivity Commission for an independent inquiry into the retirement incomes system. “My intention would… Read More »Treasurer would like to establish review of retirement incomes system